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Microcap & Penny Stocks : PCBM - MASSIVE EXPANSION IN A 2 BILLION DOLLAR INDUSTRY -- Ignore unavailable to you. Want to Upgrade?


To: ColleenB who wrote (137)2/18/1999 10:58:00 AM
From: Bird  Read Replies (1) | Respond to of 2406
 
The spread was a result of minute volume affecting the
small float. Now that PCBM is apparent to the investment
community the spread is more a result of daytraders who recognize
the long term value, but are more keen on short-term profits
from moving quickly in and out; this again made possible by
the .5 to 1.5M share float that reacts dramatically to trades.
The MM's recognize that this should be a $2-$4.00 stock right
now and so are willing to let it run to the higher levels
it could maintain sans daytraders.
Long term investors such as myself are in this stock awaiting
the real money to be made when PCBM's business plan reaches
fruition.

Bird